Ingka Investments (the investment arm of Ingka Group, the largest IKEA retailer) and Apex Clean Energy today announced the companyâ€™s first-ever battery storage project, Cameron Storage in Texas.
The 16.4MW standalone lithium-ion battery, which will begin operations in the coming weeks, is co-located with Ingka Investmentsâ€™ Cameron Wind farm, a 55-turbine, 165 MW project that has been operational since 2015.
Cameron Storage, located in Texasâ€™ Cameron County, forms part of Ingka Groupâ€™s strategy to help achieve IKEAâ€™s commitment to becoming climate positive by 2030.* As the largest IKEA franchisee, Ingka Group has an important part to play in achieving these commitments, for example by switching to renewable energy and transitioning to zero-emission home deliveries.
Peter van der Poel, managing director at Ingka Investments, said: â€œThis is an important step in our journey towards becoming climate positive. Going forward we aim to invest in a mix of wind, solar, and energy storage.â€
Ken Young, Apex Clean Energy CEO, said: â€œFor more than a decade, IKEA has charted the course for the corporate sector in investing in clean energy solutions, and today, Cameron Storage builds on that record of leadership. Utility-scale energy storage unlocks the full potential of clean power to decarbonise our economy while providing increased reliability and certainty for our electric grid.â€
Powin is serving as the equipment vendor, and Worley is providing engineering, procurement, and construction services for the project.